Funding you earn now, next payment 20:00 UTC−0.0004%/8hnext payment −$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Hyperliquid against Extended+0.180%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$680.677% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 3 days (all we have)−0.042%−$4 · spread now +0.180%, 7d avg +0.114%
=Together, before fees+0.021%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.066% dearer against Extended than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.114%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ALGO-USD | 0.1115 | 0.0104 | pay 0.0013% / 1h | 6m 39s | $7K | $210K | 10x |
| Short | Hyperliquid ALGO | 0.1117 | 0.0100 | get 0.0013% / 1h | 6m 39s | $3.8M | $2.0M | 5x |
Extended ALGO-USD
Hyperliquid ALGOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: +0.180% → +0.114%
- $6.6
- Slippage, 4 orders
- −$53.71
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$61.94
- Costs to cover
- 0.677%
- Break-even
- never at this rate
Slippage from Extended: live order book, 24 min ago; Hyperliquid: live order book, 9 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 24 min ago | 0.81 bp | 13.0 bp −$13 | 123.8 bp −$1,238 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 0.89 bp | 20.6 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
ALGO on 22 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUAL | −0.0377% | 1h | 0.1116 | +0.127% | $101K | $54K | 25x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.0156% | 1h | 0.1116 | +0.157% | $825K | $1.2M | 50x | as long as short |
| Bybit ALGOUSDT | −0.0069% | 8h | 0.1115 | +0.001% | $11.3M | $12.3M | 75x | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1117 | +0.186% | $7K | — | 150x | as long as short |
| Variational Omni ALGO | +0.0005% | 8h | 0.1116 | +0.131% | $65K | $11K | — | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0008% | 1h | 0.1114 | −0.080% | $62K | $350K | 50x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1129 | +1.293% | $841 | $81K | 12x | as long as short |
| Hyperliquid ALGOshort | +0.0100% | 1h | 0.1117 | +0.180% | $3.8M | $2.0M | 5x | |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1115 | +0.082% | $44K | $34K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1115 | +0.010% | $9.9M | $35.1M | 75x | as long as short |
Deribit ALGO_USDC-PERPETUAL
Kraken Futures PF_ALGOUSD
Bybit ALGOUSDT
gTrade (Gains Network) ALGO/USD
Variational Omni ALGO
Coinbase International ALGO-PERP-INTX
Injective ALGO/USDC PERP
Aster ALGOUSDT
Binance ALGOUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1114 | −0.008% | $3.0M | $7.9M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1115 | +0.001% | $848K | $807K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1115 | +0.064% | $22.4M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1115 | +0.064% | $3.6M | $1.6M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1116 | +0.127% | $5.6M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1115 | +0.046% | — | $3.1M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1116 | +0.100% | $66K | $110K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0101% | 8h | 0.1119 | +0.396% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USDlong | +0.0104% | 1h | 0.1115 | long leg | $7K | $210K | 10x | |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1116 | +0.109% | $490K | $781K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0237% / S −0.0158% | 1h | 0.1116 | +0.160% | $5K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.4051% | 1h | 0.1117 | +0.185% | $160K | $6K | 5x | as long as short |
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD